INDUSTRIJA NAFTE d. d. Investor Relations Release

Zagreb, 22 March 2017

INA INDUSTRIJA NAFTE, d.d.

Av. V. Holjevca 10

10 000 Zagreb, Croatia

Ordinary shares INA-R-A ISIN HRINA0RA0007 Listed on the Zagreb Stock Exchange official market Announcement in line with Capital Markets Act

Subject: INA - Industrija nafte, d.d. - Supervisory Board meeting held

At the session of the Supervisory Board of INA-Industrija nafte, d.d. held on 22 March 2017, the Supervisory Board has re-elected Zoltán Áldott as President of the Management Board and Niko Dalić, Gábor Horváth, Ivan Krešić, Davor Mayer and Péter Ratatics as Management Board members for the period 1 April 2017 to 31 March 2018.

Supervisory Board also adopted the 2016 audited financial statements as well as the Independent Auditors' Report and examined the Company status report of INA Group for 2016 and had no objections to the delivered report. At this same session Management and Supervisory Boards agreed on the proposed dividend payout from net profit in the amount of HRK 152 million.

Financial statements are published on the company's web page and at the Zagreb Stock Exchange web page and were sent to HINA and the Croatian Financial Services Supervision Agency.

INA-INDUSTRIJA NAFTE, d.d.

OIB:27759560625 Tel. + 385 1 645 0000

Fax. + 385 1 645 2444

e-mail: investitori@ina.hr

INA - Industrija Nafte dd published this content on 22 March 2017 and is solely responsible for the information contained herein.
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